Economy · United States · Money and credit

US consumer credit growth

2.7% in August 2026, compared with 2.6% in July 2026.

Monthly · % a year · 0.1% a year earlier · Updated 12 hrs ago

Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more: −1.1% Feb 202510.1% Apr 2022
Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more: +0.6 ptsfrom 2.1%
Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more: +2.7 ptsfrom 0.1%
Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more: 4.8%since 2000
Against its historyPercentile against history Where the latest reading ranks among every reading since the series began. The 90th percentile means it is higher than 90% of past readings. Learn more: 21stpercentile: higher than 21% of readings since 2000

HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more

% a year, monthly

−5.00.05.010.015.0Aug 2021Feb 2024Aug 2026

Show the data

The latest 24 readings in this range.

Source: FRED, Federal Reserve Bank of St. Louis, series TOTALSL, shown as the change on a year earlier. Data from January 2000.

The change over 12 months in US consumer credit outstanding: credit cards, car loans and student loans, excluding mortgages.

Borrowing growth supports spending now; a sharp slowdown can signal stress or tighter lending.